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382 Alexander - 382 Alexander Place 8.37 Acres of Residential Land Offered at $3,200,000 in Castle Rock, CO 80108

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INVESTMENT HIGHLIGHTS

  • Annexed and entitled development acreage in growing Castle Rock market
  • Close to variety of amenities
  • Zoned for a variety of continuing care age restricted housing

EXECUTIVE SUMMARY

An increasingly rare development opportunity in Castle Rock with this 8.37 acre parcel located close to countless amenities including walking distance from restaurants, grocery shopping, Home Depot, etc. Additionally the site is less than 5 minutes from Castle Rock Adventist Hospital, Outlets at Castle Rock, The Promenade at Castle Rock, AMC Theater, and I-25.
Currently zoned as age restricted housing with an attractive combination of up to 26 single and paired housing, 63 apartments, and an a 36-bed assisted living / memory care facility.

PROPERTY FACTS Under Contract

Price $3,200,000
Sale Type Investment or Owner User
Sale Condition 1031 Exchange
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Apartment Units
  • Apartment Units - Condo
  • Apartment Units - Senior
  • Single Family Development
Total Lot Size 8.37 AC
No. Stories 1
Zoning PDP

1 LOT AVAILABLE

Lot

Price $3,200,000
Price Per AC $382,317.80
Lot Size 8.37 AC

8.37 acre parcel in Castle Rock located close to countless amenities such as restaurants, groceries, Home Depot, etc. less than 5 minutes from Castle Rock Adventist Hospital, Outlets at Castle Rock, The Promenade, AMC Theater, and I-25.

  • Listing ID: 25608482

  • Date on Market: 5/2/2022

  • Last Updated:

  • Address: 382 Alexander, Castle Rock, CO 80108

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